📌Structure: External Trend is bullish but there's a ChoCh in internal structure. 📌 LIQ and POI: price has swept previous high (bsl) into a newly mitigated bearish ob which caused the ChoCh. If price is not going for the next Liq above (INDM) that may be swept into the next bearish array (purple box), price might begin to trend downwards.
I'd personally avoid GBPJPY till I see some more definite change in trend. Selling opportunities are not enough just for me right now.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.